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A major dam is destroyed.

In Russian-occupied Ukraine, threatening hundreds of thousands of people with mass flooding.

Both sides are blaming each other, so there's a lot of disinformation and fog of war going on.

Plus, persistent inflation pushes Australia's central bank to hike interest rates,

inflationary pressures improving more stubborn than the RBA and other central banks like the Federal Reserve,

or the Bank of England would like.

And a former bite dance executive claims that China's Communist Party accessed TikTok user data.

It's Tuesday, June 6th. I'm Luke Vargas with the Wall Street Journal,

and here is the AM edition of What's News, the top headlines and business stories moving your world today.

A major dam and power plant were destroyed in Russian-occupied Ukraine early this morning,

with both Kiev and Moscow trading blame for the incident, which has caused serious flooding

and put thousands of homes at risk.

The journal's Matthew Luxmore is in Kiev and following this developing story for us,

and he joins me now with the very latest.

Matthew, could you situate this dam for us geographically within Ukraine and tell us what we know at this point about what happened there?

The dam is essentially in a place that separates Ukrainian and Russian-held territory,

and it's a very, very critical object of infrastructure in the region supplying water,

not only to the region also to Crimea, the peninsula, the Russia annexed in 2014,

and also to the Zaparija nuclear power plant, which is Europe's largest.

...